Telecom Service Assurance Global Market Report 2024 - By Report, Share, Demand, Trends, Forecast To 2033

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Telecom Service Assurance Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $14.25 billion In 2028 At A CAGR Of 11.8% :
The telecom service assurance market size has grown rapidly in recent years. It will grow from $8.25 billion in 2023 to $9.12 billion in 2024 at a compound annual growth rate (CAGR) of 10.6%. The growth in the historic period can be attributed to increasing complexity of telecom networks, rising customer expectations, competition and market dynamics, need for proactive issue resolution.

The telecom service assurance market size is expected to see rapid growth in the next few years. It will grow to $14.25 billion in 2028 at a compound annual growth rate (CAGR) of 11.8%. The growth in the forecast period can be attributed to rapid growth in data traffic, focus on customer experience management, cybersecurity concerns. Major trends in the forecast period include security and compliance assurance, network slicing assurance, real-time analytics and reporting.

Request A Sample Of This Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=5639&type=smp

Telecom Service Assurance Market Major Segments
The telecom service assurance market covered in this report is segmented -
1) By Component: Solution, Services
2) By Operator type: Mobile Operator, Fixed Operator
3) By System: Probe System, Network Management, Workforce Management, Fault Management, Quality Monitoring
4) By Deployment Type: On-Premises, Hosted, Cloud

Key Driver - 5G Revolution Driving Telecom Service Assurance Market Growth
The advent of 5G technology is expected to propel the growth of the telecom service assurance market. 5G technology is the most recent iteration of cellular technology, designed to boost the speed and responsiveness of wireless networks dramatically. This technology creates a shift towards a digital lifestyle in the population. For instance, in 2022, According to Speed Test, a US-based web testing and network diagnostics company, the United States had the highest number of 5G users (49.2%), followed by the Netherlands (45.1%), South Korea (43.8%), Kuwait (35.5%), and Qatar (34.8%). Therefore, the advent of 5G technology is driving the telecom service assurance market growth.

Customise This Report As Per Your Requirements -
https://www.thebusinessresearchcompany.com/Customise?id=5639&type=smp

Prominent Trend - Telecom Service Assurance Adapts To IoT-Driven Communication Devices
The adoption of IoT-driven communication devices is a key trend gaining popularity in the telecom service assurance market. The Internet of Things (IoT) refers to physical items that are equipped with sensors, computing power, software, and other technologies and may communicate with other devices and systems over the Internet or other communication networks. For instance, In January 2022, Mavenir, a network software company, launched service distribution to foreign medical facilities through 5G slices. It will include virtual reality (VR) and artificial reality (AR), as well as the usage of virtual intelligent counselling agents (VICA) in applications such as remote patient care and surgery. In surgeries and remote patient care, a robust 5G network with low latency and great performance is necessary to carry out all of the following use cases and duties

Telecom Service Assurance Market Players
Major companies operating in the telecom service assurance market report are Huawei Technologies Co Ltd., Hewlett-Packard Company, Accenture* plc, IBM Corporation, Cisco Systems Inc., Broadcom Inc., Tata Consultancy Services Limited, Ericsson Inc., Nokia Corporation, NEC Corporation, ZTE Corporation, CommScope Holding Co Inc., Keysight Technologies Inc., CENX Inc., VIAVI Solutions Inc., NetScout Systems Inc., Spirent Communications plc, Comarch S.A., Mycom Osi Solutions India Private Limited, The Employee Owned Company, EXFO Inc., Enghouse Systems Limited, Infovista S.A.S., SevOne Inc., Empirix Inc., Guavus Inc., Radcom Ltd., Accanto Systems Ltd., Zenoss Inc., Bwtech International Ltd., Aria Networks Ltd., Avvasi Inc., Intracom Telecom S.A., Netrounds AB

View The Full Report Here -
https://www.thebusinessresearchcompany.com/report/telecom-service-assurance-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the telecom service assurance market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the telecom service assurance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Telecom Service Assurance Market Report Structure
3. Telecom Service Assurance Market Trends And Strategies
4. Telecom Service Assurance Market - Macro Economic Scenario
5. Telecom Service Assurance Market Size And Growth
…..
27. Telecom Service Assurance Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ"

Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.